BollingerBands

[timepass]

Can you please post all the parameters of the above chart ?

Here

The white lines are EMA2 and EMA9 (Double average - Davg) and BBavg (SMA20).

 

[columbus]

With ONE minute TF there are too many Entries/Exits and the range is not
lucrative. More over there is a chance of FALSE start plus booking profits
too early. Similarly too high TF may not give adequate samples to plot. A 20 min
TF with default Bollinger Band (BB20,2) will not give a sample in intraday.
So an optimum TF should be chosen like 3min or 5 min. A time frame of 3min
if Nifty range is below 100 points and 5 min if range is more than 100 points is
a good idea.

 

[TraderRavi]

BB (20, 2) works good. specially on sideways market.
in trending market BB sometimes gives false signals and trend continues.
I m using BB in crude oil trading works good.

 

[durgesh]

Here is a take on BB (50,2)
Works well on 5 minutes and Daily chart

When 50 sma is sloping down , look to sell at 50 sma or upper band or can enter on break of swing low. For buy trades , just the opposite. You can add any additional filters as you please.

 

[asifb]

Hi Guys,

this is a really useful thread, I am just yet confused as you usually enter the trade when the price is near the middle bollinger band (20 MA) but how do we decide whether to go short or go long at that moment ?

Please any tips will be appreciated.

Thanks

 

[columbus]

Hi Guys,

this is a really useful thread, I am just yet confused as you usually enter the trade when the price is near the middle bollinger band (20 MA) but how do we decide whether to go short or go long at that moment ?

Please any tips will be appreciated.

Thanks

Hi asifb,

To address this problem ,I have one more thread BOLLINGERWORM. It is a
a bollinger band within a bollinger band .That means TWO bollinger bands
BB(20,2) and BB(20,1).If at middle , still up movement is there and moves
towards INNER BOLLINGER BAND top ,go LONG.If any band is crossed
TWICE close the position.

 

[timepass]

So, nifty touches its 20SMA for the first time in 2017. What next ?? Lower BB ?

 

[PUCHU_2500]

I do not understand much about BB, clombus sir is successfully running this thread from a long time, thanks to him......recently I have downloaded below file from internet.....it is yet to read out fully......if any member find its usefullness, pls, discuss here.....

https://drive.google.com/file/d/0BycKfHfOz5_6UmdaTXVOOWpMRE0/view?usp=sharing